Local land values highest in Hawkeye State
The average value of an acre of O'Brien County farmland is now the highest in Iowa.
The annual Iowa State Land Value Survey released this month reported a 20.6 percent increase in O'Brien County farmland prices in 2022 and a 20.3 percent increase in Clay County. O'Brien County's average now sits at $16,531 per acre of farmland, which was high enough to knock Scott County from the No. 1 slot and end its nine-year reign at the top of the survey.
The nominal value of an acre of farmland is again higher this year than at any point since ISU began surveying values in 1941. When adjusting for inflat...